Business
Southwest Gas Holdings Announces Launch of Secondary Public Offering of Centuri Holdings, Inc. Common Stock
Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") today announced that it will sell 27,362,210 existing shares of Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri") common stock as selling stockholder through a proposed registered public offering (the "Offering"). Upon completion of the proposed Offering, Southwest Gas Holdings will no longer own any shares of Centuri's common stock.
About this update from Southwest Gas Holdings, Inc.
[{"type":"text","content":"LAS VEGAS, Sept. 3, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") today announced that it will sell 27,362,210 existing shares of Centuri Holdings, Inc. (NYSE: CTRI) ("Centuri") common stock as selling stockholder through a proposed registered public offering (the "Offering"). Upon completion of the proposed Offering, Southwest Gas Holdings will no longer own any shares of Centuri's common stock.","length":513,"tagName":"p"},{"type":"text","content":"The shares are being offered pursuant to an effective shelf registration statement (including a base prospectus) that has been filed by Centuri with the U.S. Securities and Exchange Commission (the "SEC"). A preliminary prospectus supplement relating to and describing the terms of the proposed Offering will be filed by Centuri with the SEC and will be available on the SEC's website at www.sec.gov. The proposed Offering will be made only by means of a prospectus supplement and accompanying prospectus that forms a part of the registration statement.","length":607,"tagName":"p"},{"type":"text","content":"This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").","length":558,"tagName":"p"},{"type":"text","content":"About Southwest Gas Holdings","length":33,"tagName":"p"},{"type":"text","content":"Southwest Gas Holdings, Inc., through its primary operating subsidiary Southwest Gas Corporation, engages in the business of purchasing, distributing, and transporting natural gas. Southwest Gas Corporation is a dynamic energy company committed to exceeding the expectations of over 2 million customers throughout Arizona, Nevada, and California by providing safe and reliable service while innovating...